SPSE TRADING SUMMARY FOR THE WEEK ENDED 15TH MAY

SPSE TRADING SUMMARY FOR THE WEEK ENDED 15TH MAY 2015
Market Activity Overview
Five listed securities, namely; the market heavyweight, Amalgamated Telecom Holdings Limited (ATH), FMF
Foods Limited (FMF), Paradise Beverages (Fiji) Limited (PBF), Fiji Television Limited (FTV) and the restricted
stock, Fijian Holdings Limited (FHL) recorded market activities during the week under review. While the share
prices for all other securities remained unchanged, FHL gained 0.53% to conclude the week at $3.78. The
increasing share price resulted in a slight gain for the overall capitalisation of the market, which rose 0.02%
to end the week at a value of $954,335,053.
The market yardstick, SPSE Total Return Index (STRI) also increased 0.02% and concluded at a value of
2468.98.
In aggregate, 11 transactions were witnessed with 11,810 shares exchanging hands to garner $18,981 in
consideration. ATH was the most active stock in terms of both volume and value traded.
The new order flow analysis for the week continued to show dominance of buyers in the market with new
orders being recorded for FHL, KGF, PBF, ATH, FTV and FMF. The overall unexecuted orders saw the total
shares on bid increase by 2.65% with the total number of shares on offer saw a slight decrease of 0.31%. The
bid to offer ratio remains unchanged at 1:1.
Kontiki Growth Fund Limited (KGF) now stands as the security with the narrowest bid to offer margin with a
spread of $0.21 while Paradise Beverages (Fiji) Limited (PBF) continued to record the widest bid to offer
margin with a spread of $3.98.
The above is summarized in the following table:
Particulars
Market Capitalisation
SPSE Total Return Index (STRI)
Number of trades
Number of securities traded
Total volume traded
Total consideration traded
Total volume on bid
Total volume on offer
Bid to Offer ratio
Current Week
(15/05/15)
$ 954,335,053
2468.98
11
5
11,810
$18,981
1,138,099
1,366,299
1:1
Previous Week
(08/05/15)
$ 954,125,760
2468.43
7
3
53,361
$50,561
1,108,679
1,370,599
1:1
% Change
+0.02%
+0.02%
+57.14%
+66.67%
-77.87%
-62.46%
+2.65%
-0.31%
N/A
Market Announcement Overview
Five press releases were issued during the week. VB Holdings Limited (VBH) released the notice of its annual
general meeting. Communications (Fiji) Limited (CFM) released the resolutions of its annual general meeting
and also released the Chairman’s address from the meeting. CFM also released details of Spice it up Fiji Tour.
KGF released its net asset value as at 30th April 2015 while FTV concluded the week of market releases
announcing its partnership with Digicel Fiji as one of the broadcast sponsors for the 2015 Rugby World Cup.
For further information, please feel free to contact us on 330 4130 or e-mail on [email protected]
Latileta Qoro
Chief Executive Officer
15/05/2015